Cost of Living in Herriman, UT
Population: 57,336 • 2026 Data
$118,446
Median Household Income
+53% vs national
$1,870
Median Monthly Rent
+39% vs national
$554,900
Median Home Value
+64% vs national
4.1%
Unemployment Rate
Housing in Herriman
The median home value in Herriman, UT is $554,900. Monthly rent for a typical unit averages $1,870, while total monthly housing costs (including utilities and insurance) average $2,037.
Rent-to-income ratio: 18.9%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Herriman, UT is $118,446. The unemployment rate stands at 4.1%, with a labor force of 29,719 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.